Overview
Principal Ownership
Axium Infrastructure US Inc. (the “US Manager”) is a Delaware corporation that was
formed on October 22, 2012. The US Manager is wholly owned by Axium Infrastructure Inc., a
corporation formed under the laws of Canada (the “Canadian Manager,”, and, together with the
US Manager, the “Adviser”). The management team members of the Adviser, comprised of Pierre
Anctil and other infrastructure investment professionals, own more than 89% (on a fully diluted
basis) of the Canadian Manager.
Advisory Services
The US Manager provides investment advisory services to certain private investment
funds, including AxInfra US LP (the “US Fund”) and its parallel fund AxInfra US (P-1) LP (the
“US P-1 Fund” and together with the US Fund, the “US Country Funds”) and AxInfra NA II LP
(the “NA II Fund”) and AxInfra US II LP (the “US II Fund”). The Canadian Manager provides
investment advisory services to certain private investment funds, including Axium Infrastructure
Canada II LP (the “Canadian Fund”, together with the US Country Funds, the NA II Fund, the US
II Fund, and the other private investment Funds managed by the Adviser, the “Funds” and, each
individually, a “Fund”). The US Manager provides advice to certain other accounts pursuing
substantially the same investment strategy as the Funds and may provide investment advisory
services to additional private investment funds created by it in the future (together with the US
Country Funds, the NA II Fund and the US II Fund, the “Advised Funds”). Like the US Manager,
the Canadian Manager is registered as an investment adviser with the SEC under the Advisers Act.
The Funds target both operating assets and greenfield investment opportunities with the
objective of investing in core energy, transportation and social infrastructure assets. The US
Country Funds acquire
and hold investments in infrastructure assets located in the U.S. The
Canadian Fund acquires and holds investments in infrastructure assets located in Canada. The
other Funds are “feeder” funds that invest (directly or indirectly) in the US Country Funds and/or
the Canadian Fund. Affiliates of the US Manager act as the general partners to each of the Funds
(each, a “General Partner”).
Pursuant to the terms of management, administrative or similar services agreements
(generally referred to as “services agreements” herein), the General Partner of each Advised Fund
will delegate to the US Manager substantially all its management rights and certain obligations
under its limited partnership agreement. The US Manager has overall responsibility for the
management of the Advised Funds. The US Manager’s investment advisory services to the
Advised Funds include, among other things:
• sourcing investment opportunities;
• managing and arranging acquisitions or dispositions of investments;
• determining exit strategies for investments; and
• overseeing banking, cash management and financing arrangements for the Advised
Funds.
The US Manager tailors its advisory services to each Advised Fund’s investment strategy,
as disclosed in such Advised Fund’s offering documents. The US Manager’s advisory services are
described in further detail in the Advised Funds’ private placement memoranda, services
agreements and partnership agreements, and in Item 8 below.
Additionally, the US Manager may offer investors in the Advised Funds or third parties
the opportunity to co-invest with an Advised Fund in certain portfolio companies.
Assets under Management
As of December 31, 2023, the US Manager had approximately $5,209,091,318 of assets
under management (including assets under management through co-investments).